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Wednesday, 20 October 2010

A Spending Review shot through with Lib Dem values

I just watched the Chancellor deliver the Comprehensive Spending Review (yes, I watched the whole thing, as well as the Shadow Chancellor's response - I recommend everyone to hear or read all of George Osborne's statement, if they want to have a full understanding of it). I must say that I strongly endorse the approach that he has taken. Why would I not support a Spending Review that includes, among other good things:
  • Structural deficit to be eliminated by 2015
  • NHS budget protected; £2bn extra for social care
  • Schools budget to rise every year until 2015
  • £30bn capital spending on transport
  • Permanent bank levy

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